Monday, October 29, 2012

Technical View and Trading calls of Cnx IT & Bank Nifty, 26 October 2012

Bank Nifty Intraday levels and trading tips
Today, 11550 is crucial for Intraday.
If Bank Nifty sustains below 11550, then it could test 11420, and below that level it could test 11300.
Instead, if Bank Nifty trades above 11550, then it could test 11670.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 29 October 2012

Reliance

Today, 800 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 800 is crucial for short term. Positional Traders, trade long above 800 for a target of 820. Trade short below 800 for a target of 760.